The Journal of Real Estate Finance and Economics

Maintenance and improvements affect house values and thus the observed pecuniary return. Whether due to lack of liquidity or the presence of strategic incentives, some borrowers have a higher probability of default and this could lead to lower …

This paper examines the degree to which the market prices of publicly traded firms reflect and respond to new information regarding the economic viability and vitality of organizations to which they are strategically linked. More specifically, we …

Spatial linkages in returns have not yet received much attention in an asset pricing context, however, they can capture important information about idiosyncratic externalities associated with firms’ holdings. We explain returns of real estate …

Children from poor families achieve more academically if they are enrolled in schools that are socioeconomically integrated, but low-income students are increasingly attending schools characterized by high concentrations of poverty. Providing more …

This study estimated the effect of flood hazards on residential property values by applying a hedonic price model to house sale data from 2007 to 2013 in the Fargo-Moorhead Metropolitan Statistical Area. A difference-in-difference framework was …